(2) For the purposes stated in subsection (1) of this section, and subject to its limitations, cities and other municipal corporations may purchase, own, appropriate and condemn land, rights of way, and water or water rights or both.
(3) Cities and other municipal corporations may also issue, sell and otherwise dispose of their bonds or other securities for the purposes of this section.
Structure 2021 Oregon Revised Statutes
Volume : 06 - Local Government, Public Employees, Elections
Chapter 225 - Municipal Utilities
Section 225.020 - Ownership and operation of utilities by city within and without city limits.
Section 225.050 - Joint construction, ownership and operation of waterworks; financing.
Section 225.080 - Financing costs of municipal waterworks or water system; benefit assessments.
Section 225.085 - Klamath Cogeneration Project; service contracts; prohibited transactions.
Section 225.220 - Enforcement of statutory requirements.
Section 225.230 - Rates set in accordance with estimates of annual expenses.
Section 225.280 - Warrants on future income; limitations; retirement.
Section 225.330 - Acquisition of property for facilities.
Section 225.370 - Terms of bonds.
Section 225.450 - Definitions for ORS 225.450 to 225.490.
Section 225.480 - City liability; application of moneys; use of eminent domain prohibited.